Log in
Newsletter
Log in
Workers
Premium

Apparel giant’s assets to be sold off to pay workers

Share
Share

Bangladeshi government to sell assets of industry giant to compensate thousands of garment workers after closure of 16 factories

DHAKA - The Bangladeshi government has moved to sell assets belonging to Nassa Group to pay long‑overdue wages and benefits to thousands of garment workers after one of the largest factory shutdowns the sector has seen.

Nassa Group, once employing over 30,000 workers across textiles, garments, banking and real estate, slid into crisis following the fall of the Awami League government in August 2024, triggering prolonged unrest in its factories.

Share

Recommended

Light

AAFA releases workers’ heat stress guide

  • September 17, 2026
Premium

Worker wellbeing investment pays off – report

  • September 16, 2026
Premium

Uzbek silk farmers allege extortion

  • September 15, 2026
Premium

FABRIC Act reintroduced to target US wages

  • September 15, 2026
Light

Vietnam factories face labour shortage, higher wages

  • September 14, 2026
Premium

FLA warns over misuse of temporary labour in Pakistan

  • September 11, 2026
Premium

Uzbekistan strengthens inspections ahead of cotton harvest

  • September 7, 2026
Light

Textile Exchange issues human rights guidance

  • September 5, 2026

Most Popular

Latest Magazine

Features
Why the EU’s regulatory push for longer-lasting clothes could enrich the wrong industry.
Textile dye recovery is technically real, but experts warn that it risks becoming a costly sideshow.
When profits wobble, fashion brands default on climate, pushing self-issued net-zero targets over the horizon.
News
A new evidence-based review challenges assumptions over organic cotton’s growth.
EU anti-fraud investigators help block the illegal export and dumping of thousands of tonnes of textiles.
SBTi’s new net-zero standard tightens rules on fashion’s climate claims
Opinion
Exclusive: Uzbek cotton cluster boss hails big reforms as human rights campaigners claim exploitation
Subscribe

Back Issues

Other publications from MCL News & Media

NWN-2-2026
KTJ-3-2026
Cover-Cotton-Guide-2020
Scroll to Top
[wd_asp id=1]
Explore sections
Explore categories
Logo

Our free newsletter showcases the very best of our journalism, delivered to you twice a week

Advertising
With Us

Help to support the purpose-led work of our team of journalists, international correspondents, and partners – and expose your product or service to our global readership.

Please call us on +44 1977 708488

Or alternatively

Request a media pack which details the benefits of advertising on ETN including our rates and details of our distribution please fill out the form below:

YOUR DETAILS – See our privacy policy here for details of how we take your privacy very seriously.

Advertising Terms and Conditions

Subscribe to our magazine today and receive exclusive online content

Subscribe